Job Description:
Identifying and evaluating potential suppliers.
Negotiating contracts, pricing, and terms with vendors.
Maintaining robust relationships with existing suppliers.
Resolving any issues or disputes with suppliers.
Reviewing purchase requisitions and ensuring alignment with budget and requirements.
Preparing and issuing purchase orders.
Monitoring and following up on order status to ensure timely delivery.
Handling any changes or cancellations of orders.
Collaborating with warehouse and inventory teams to maintain appropriate stock levels.
Analysing inventory data to identify and rectify potential shortages or overstock.
Coordinating replenishment and stock rotation.
Implementing strategies to optimize procurement costs while maintaining quality.
Tracking and analysing spending patterns to identify cost-saving prospects.
Ensuring compliance with the organization’s budget and financial guidelines.
Ensuring procurement activities comply with company policies,
legal standards, and regulations.
Maintaining accurate procurement records and reports.
Handling vendor agreements, contracts, and documentation.
Working closely with other departments (e.g., production, finance, logistics) to understand their purchasing needs.
Assisting in the development and training of the procurement team.
Supporting the Purchase Manager in daily operations and reporting.
Vendor Evaluation and Audits
Periodically reviewing supplier performance based on delivery, quality, and cost.
Participating in supplier audits and ensuring compliance with standards.
Staying updated with market trends, recent products, and alternatives.
Conducting price comparisons and sourcing alternative suppliers to ensure competitiveness.
Should have knowledge about Microsoft Office.
SAP Hana S4 - MM Module.